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6,804 houses and 5,892 apartments were bought by purchasers other than households last year. Alamy Stock Photo
Housing
Companies and organisations bought up nearly 13,000 houses and apartments last year
Most of the residential purchases made by entities other than households came from Irish-registered companies and institutions.
THE VALUE OF residential properties purchased by buyers other than households last year amounted to €5bn.
The amount spent by private companies, charitable organisations, and state institutions (known collectively as ‘non-household entities’) in 2024 was 4.1% higher than 2023.
Last year, non-household entities bought 12,696 dwellings, up from 12,201 the previous year.
Some 6,804 of these were houses and 5,892 were apartments.
Irish-registered companies and institutions accounted for €4.8bn (95.1%) of the total spent last year.
New dwellings accounted for 56.4% of the purchases made by non-households.
Overall, in 2024, there was a total of 61,471 dwelling purchases at market prices filed with the Revenue Commissioners, with a value of €24.6 billion.
Additionally, non-household entities sold 20,841 dwellings at market prices in 2024, an increase of 9.3% on the 19,061 dwellings sold by them the previous year.
The value of the sales was €9bn, up 19.6% from €7.5bn in 2023.
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